FINHUB Insights

AAPL · Q4 FY25 · Jun 29 – Sep 27, 2025

Apple Q4 FY25: where the revenue came from and where it went

Apple Q4 FY25: revenue $102.5B (+8% year over year). Net profit $27.5B. Largest cohort iPhone $49B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jun 29 – Sep 27, 2025
Reported
Oct 31, 2025 10-K
Sankey diagram of Apple's income statement for Q4 FY25: revenue of $102.5 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$102.5B +8% year over year
Gross profit$48.3B 47% margin
Operating profit$32.4B 32% margin
Net profit$27.5B 27% margin

The numbers

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Sep 27, 2025).
ItemValueShare of revenueYear over year
Revenue 102.5 100% +8%
iPhone 49 48% +6%
Service 28.8 28% +15%
Wearables Home and Accessories 9 9% +0%
Mac 8.7 8% +13%
iPad 7 7% +0%
Cost of revenue−54.153%
Gross profit48.347% margin+1pp
Research & development−8.99%+0pp
SG&A−77%+0pp
Operating profit32.432% margin+0pp
Tax−5.3
Net profit27.527%+11pp
Filing on EDGAR More quarters of AAPL

Source of the numbers: structured XBRL data from the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.

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